Tudor, Pickering, Holt & Co. Opens in Canada

CALGARY, ALBERTA and HOUSTON, TEXAS--(Marketwired - May 1, 2014) -

Editors Note: There is a photo associated with this release.

Tudor, Pickering, Holt & Co. (TPH) announced today that Hilary Foulkes, 56, has been named Chair of Tudor, Pickering, Holt & Co. Securities - Canada. Based in Calgary, the energy investment and merchant banking firm's Canadian efforts will be highly integrated with the firm's global efforts and will help TPH better serve its Canadian clients, as well as its international clients focused on Canada.

"Hilary is the ideal person to spearhead our efforts in Canada, a very important market for TPH," said Bobby Tudor, Chairman and CEO, TPH. "We aspire to be the global leader in energy financial services, and you cannot do that without being on the ground in Calgary. We already do a significant amount of business in Canada, but it's time to expand the effort. We are delighted to have found Hilary to lead TPH Canada."

Foulkes, who previously served as COO for Penn West Exploration and as a Managing Director for Scotia Waterous commented, "I am excited about joining TPH. It is a very talented team, with a culture and philosophy I am proud to represent. I look forward to helping TPH build out its Canadian practice and to introducing my colleagues in the Canadian energy space to the firm's capabilities."

TPH has more than 50 investment bankers focused in upstream, midstream, oilfield services, power, and other energy infrastructure market segments. In total, the firm has more than 150 employees with headquarters in Houston and offices in New York, London, Calgary, and Denver.

Tudor, Pickering, Holt & Co., LLC (TPH & Co.) is an integrated energy investment and merchant bank, providing high quality advice and services to institutional and corporate clients. The company's broker-dealers offer securities and investment banking services to the energy community and provide research coverage on more than 160 issuers worldwide. The firm's asset management complex includes TPH Partners, which makes private investments in the energy space, and TPH Asset Management which delivers a suite of investment strategies to its investors.